Dan Martell - May 03, 2024


the only video you need to get rich…


Episode Stats

Length

49 minutes

Words per Minute

168.17778

Word Count

8,378

Sentence Count

120


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Transcript

Transcript generated with Whisper (turbo).
00:00:00.080 give two people poor person a million dollars wealthy person a million dollars poor people
00:00:04.160 get money and they start calculating the new furniture they could buy the trips they can go on
00:00:08.720 the new car they could lease they essentially spent the million dollars before it's even finished the
00:00:13.120 wire transfer the wealthy person doesn't rush to do anything with the money and starts considering
00:00:18.080 based on their allocation in their portfolio where can i get the best return that makes the most
00:00:22.640 sense for the long term poor people use money to consume wealthy people use money to create more
00:00:28.240 money why do you think most people are broke i think most people are broke for a few reasons
00:00:40.960 the first one is is that they don't
00:00:45.760 they're they don't they don't realize that they're responsible 100 for their life like a hundred
00:00:51.840 percent they're accountable like there's nobody coming to save you there's nobody that's going
00:00:55.760 going to do it for you there's no moment where somebody passes away and leaves you a bunch of
00:00:59.480 money there's no lottery tickets there's no going to the casino and winning there's literally you
00:01:05.060 saying if i don't make this better it will not get better that needs to happen second part is
00:01:11.860 they're broke because they don't realize that the world will compensate you based on the value you
00:01:16.980 bring to the world so if you're upset with what you're making income wise or you feel like people
00:01:23.580 are taking advantage of you, you have to ask yourself, what could you do to become more
00:01:28.280 valuable? What are the skills you have to acquire? How do you, how do you add those skills? Like
00:01:34.380 that to me, those two things, if you can be a hundred percent accountable for your situation
00:01:38.640 and develop yourself to become more valuable for other people. And then I would say the third thing
00:01:44.540 is to know your worth. Cause I don't think even if you had those first two, if you didn't believe
00:01:50.600 you deserved more you'll never get a penny more than you think you're worth so if you don't feel
00:01:55.860 you're worth more even if you're more valuable even if you're 100 accountable but you don't ask
00:02:00.420 for it it will never show up in your life that's why i think people are broke is because they're
00:02:06.920 not willing to be accountable for their situation they're not willing to invest in themselves to
00:02:10.360 acquire new skills are more valuable and they're not willing to ask for what they think they
00:02:13.620 deserve because they don't think they deserve a lot and no other person is going to going to teach
00:02:19.000 you how to deserve more. You have to decide that you are worth it. Tell me something about rich
00:02:26.880 people that 99% of people don't know. That rich people are harder on themselves than anybody else
00:02:38.260 will ever be on them. I think most rich people are so misunderstood because people think they
00:02:45.040 have the easy life and what i've discovered is the people that have wealth are wealthy because
00:02:50.080 they were willing to do the work in many ways i think their work ethic is a reflection of their
00:02:54.720 gratitude it's my experience i think rich people honor the fact that they've been given an
00:03:01.080 opportunity and a blessing i'm not talking multi-generational wealth i'm not talking about
00:03:05.300 people that are trustworthy i'm talking to people that have created their situation and it doesn't
00:03:09.880 mean that they own a business it could be somebody's an executive at a company that gets paid a
00:03:14.900 lot of money to do what they do what you will quickly learn if you spend time with them is
00:03:19.400 they are more hard on themselves more critical of their performance more more um driven to do better
00:03:26.280 than anything any person could say to them and for some of them it's not a life you would want
00:03:32.900 to live and i think that's that's misunderstood a lot of people say well i want to be rich it's
00:03:37.020 like i don't know if you want to have all that comes with being rich because it isn't easy it
00:03:43.240 only becomes easy if you learn how to deal with those emotions the feelings that come with being
00:03:47.660 rich and realize that to the degree that you can deal with bigger problems you will actually live
00:03:53.500 a more fulfilling life you went from rehab to being a multi-millionaire what what changed
00:04:13.240 what changed rehab to multimillionaire
00:04:23.480 kind of everything like everything had to change my whole world view when i when i
00:04:32.280 go back 25 years coming out of this place portage that literally saved my life
00:04:39.180 after spending 11 months there
00:04:41.300 trying to learn about myself
00:04:42.580 and what made me tick.
00:04:50.300 There was so much that had to change.
00:04:53.180 I would say the thing that is universal though
00:04:56.860 for me for sure
00:04:58.420 is that I believed I could do it
00:05:01.120 but that belief came from other people.
00:05:05.080 So I didn't believe I could do it.
00:05:08.180 other people believed that i could do more but i accepted the belief and like that's a different
00:05:15.360 thing because there's been situations where people have talked about kind of what they think they see
00:05:18.940 me do and i'm like oh i wasn't ready to believe it but the one thing for sure is because i had
00:05:25.160 shown up and got sober and then got out and started in business and even though i failed
00:05:30.200 for seven years of trying back-to-back failures people still believed because of what i went
00:05:37.660 through and where i was at even in the failures that i had potential that they saw the passion
00:05:43.380 i brought to anything i did they believed that there was eventually going to be some kind of
00:05:48.100 success i don't think any of us could have predicted what it became but that was that
00:05:52.580 was probably the big thing that shifted for me was just the belief that i could be one of those
00:05:57.780 people because i grew up my whole life not believing that i was even worth breathing the
00:06:02.040 is taken up. I mean, well, if you do believe in a creator, that's a great place to start.
00:06:26.400 That was just the truth, man.
00:06:32.040 I've just got so much gratitude when I look at like what I went through and
00:06:39.280 what life I get to live today. And just like,
00:06:41.560 there's no other way any of this happened without, without him.
00:06:52.240 And that's why I think I wake up every day to just try to be better is just,
00:06:55.560 I want to honor the fact that I was given a chance.
00:06:57.720 like there's no world statistically where i'm alive let alone thriving let alone
00:07:06.280 having resources that i get to choose to do what i want to do what i want to do with whoever i want
00:07:12.320 to do and be wherever like i mean it's just it's just an honor and when i think of how close it
00:07:18.640 came to that not being the case it just gets me emotional i'm just
00:07:22.400 i think that if you don't have anybody that can believe in you know that he believes in you
00:07:32.480 that your creator believes in you if you follow my content i believe in you i don't even need to
00:07:39.200 know you because i know who you were created by and i believe in you like i legit see you doing
00:07:46.120 something incredible with your life i think it's why you're watching this video sometimes people
00:07:51.500 want to see a sign they're like show me a sign and the sign's right there the sign could be this
00:07:59.080 conversation it literally is not it doesn't have to be a big grand gesture it can be a moment with
00:08:04.900 a person a video an audio something you hear or see or you read and you're like oh i've been asking
00:08:11.720 for this and it's right there i think i've had hundreds of those show up in my life sometimes i
00:08:18.860 wasn't paying attention sometimes i was sometimes i played it down sometimes i played it up but
00:08:25.600 there's opportunities every day
00:08:31.240 to see the absolute blessing that is called life and we get to live in it
00:08:38.700 and whether we want to do something with it or not time's going to pass today's going to pass
00:08:44.960 this minute like literally every day seconds are going to pass and i can either choose to actively
00:08:51.040 engage in my life and create something from it the fact that i have consciousness and i have
00:08:57.220 the ability to have judgment and make decisions you know i'm alive those are all those are all
00:09:05.720 real things i can be grateful in this moment for the air i breathe like crazy grateful
00:09:10.340 because in three minutes if you didn't have any air to breathe you would wish you did so
00:09:16.640 i don't know i think sometimes we
00:09:19.720 we need more than we think we need to actually decide to just change things
00:09:26.700 i don't i don't need any person to validate my ideas i just got to realize that like hey
00:09:35.000 i don't do it nobody else is going to do it and i don't need anybody to believe in me because
00:09:38.380 what if they can't see my greatness because they're too close what if the fact that they're
00:09:44.620 my family or my friends and they've known me for a long time and they don't see what's changed
00:09:48.160 inside that's the hard part is the you know fitness journey people see that physically they
00:09:54.140 see it it's easy to correlate oh you used to be this now you're that but when you're on a journey
00:09:59.080 of personal development and growth and mindset growth they don't see it right away and it's
00:10:03.980 it's easy to feel like they don't understand it's not their fault because they don't understand what
00:10:10.840 you see inside they don't they don't hear the words you say to yourself but you've seen this
00:10:14.640 whole new pattern emerge and you got to be willing to be misunderstood by the people closest to you
00:10:21.920 because they're too close to see the greatness that's brewed inside and you just have to be okay
00:10:27.100 being misunderstood for long periods of time and over time if you show up and you do the work and
00:10:31.820 you just you swing it'll connect and then they'll all go like oh yeah overnight success
00:10:38.260 not really if anything not impressive if anything 25 years in the making
00:10:45.540 how can i overcome the fear of starting
00:10:52.000 for me the way i always overcome the fear of starting anything is realize one the people
00:11:05.200 that i care about their opinion are more worried about their own life than my life right everybody's
00:11:12.380 living in this movie called me movie or me ink and they're like worrying about what everybody
00:11:17.600 else thinks of them and we think they're thinking about us but they're not so first off judgment
00:11:23.020 from other people about what i do with my life i usually park those things because i realize that
00:11:28.880 their beliefs in my decisions are 100 a reflection of their own limitations judgment reality of their
00:11:36.660 life they've lived not on my reflection of my life and decisions so that's one two
00:11:42.100 two most people's worst case is actually other people's dream scenario think about that most
00:11:50.680 people's worst case scenario of having to live with their parents again having to lose everything
00:11:55.940 and sell it or whatever it is based on where they live in the world the worst case for them
00:12:00.880 is some other person in the world's dream outcome some other person in the world that woke up today
00:12:07.740 that doesn't have any food a place to sleep anybody that cares about them your worst case
00:12:13.400 scenario would be their dream life put that into perspective so like starting or trying is kind of
00:12:20.000 silly if you take that into consideration and then the other thing is tomorrow is definitely
00:12:26.320 not guaranteed but i don't even look at it that way i think about in five-year increments
00:12:31.440 like if i only had five years to live five years to breathe five years to expand and grow and
00:12:37.160 create and spend time with people what would i want to do over those next five years
00:12:42.420 people should get really familiar with the concept that their life is very impermanent
00:12:48.220 it is it's here and gone five years is enough time to do something meaningful without being
00:12:55.100 wasteful right like i don't think people should pretend like i only got a week to live and go
00:12:58.940 stay on a beach no five years is like hey i want to leave an impact i want to i want to serve i
00:13:04.740 want to create. I want to help other people. How could I do that? And I just think that getting
00:13:11.160 comfortable with the fact that you're going to die is a beautiful way to prioritize decisions.
00:13:17.260 And if you have any inclination, here's the crazy part. I don't believe God puts ideas on your heart
00:13:22.220 that he doesn't think you can pull off. You wouldn't even have the idea to start a business
00:13:27.860 if it wasn't possible. And there's never been a situation, I know this to be true for all people,
00:13:34.080 where you've been put in a tough situation
00:13:35.940 that you didn't make it through.
00:13:37.340 I'm not saying you got the outcome you wanted,
00:13:39.560 but it's very rare for somebody to be pushed into a corner
00:13:43.160 that rose up that didn't get through that tough situation
00:13:46.940 some way, somehow.
00:13:48.740 And I think we just forget that if you just decide,
00:13:52.720 the reason it was on your heart
00:13:53.760 is because it's meant for you to go create that outcome,
00:13:57.160 that business, go after your dreams,
00:13:59.760 that you will be given the strength to accomplish that.
00:14:03.160 and it's why for you specifically you've had this thought you probably have a dream that i've never
00:14:09.000 even considered nothing i'd ever want to desire or get or anything you have a unique vision of
00:14:15.320 your life that i've never had that's only yours and the reason why is because it's meant for you
00:14:20.760 i'm setting goals and dreams but i'm not achieving any of them what should i do
00:14:33.320 measure and get feedback if you're setting goals and dreams okay and you're not achieving them
00:14:40.200 two things that are missing measuring progress where are you at now where do you want to be
00:14:47.320 what should you be making progress towards what's the number most people don't break things down
00:14:52.740 into actions right so if i know i want to be a millionaire by the time i'm 30 it seems to be
00:14:59.120 everybody's or make 100k a month now it seems like that's a new number then where are you at
00:15:05.180 if you're 22 you want to be a millionaire at 30 that's eight years break it down now it's not it's
00:15:09.780 not linear it usually kind of goes exponentially but you should be on pace then you measure it
00:15:14.040 every quarter and every month so now we have a measurement timeline but then we got to back it
00:15:18.540 up by like what kind of activities or decisions would create the scenario for that to be true
00:15:22.480 obviously if you want to start a business or you want to get into a structure in your current
00:15:26.360 company where you can get paid based on performance those are all things that could
00:15:29.240 you know you could save your way to that you can invest your way to that definitely invest
00:15:32.880 over save but then you have a measurement now what will happen is along the way at some point
00:15:39.900 you will plateau. Here's what I know to be true 100% of the time is there will be issues.
00:15:44.860 There will be problems, or I like to call them puzzles. You will face adversity. And the way
00:15:51.100 to overcome that is to get feedback. It's to find people that have built the million a year business
00:15:56.220 or more and ask them for feedback to analyze your strategy. And those people typically will come in,
00:16:02.140 look at it, and within seconds go, oh, change this, tweak that, start this, stop that. And all
00:16:08.100 of a sudden the momentum builds back up there's no person i know that if they're honest with
00:16:14.180 themselves measured their progress along the way and if at any point they felt like they hit a wall
00:16:19.480 went and seeked advice or feedback from people that have been there before
00:16:23.100 and took that feedback and change and tweak their strategy i don't know anybody who hasn't been
00:16:28.340 successful but a lot of people just lie to themselves along that journey and they'll say
00:16:33.120 oh it's not for me or it's hard or it's not working it's not working because you don't want
00:16:36.640 it to work because you're not giving feedback you're not seeking out why this is uncomfortable
00:16:40.820 yeah i know that's the work that has to be done anything that's easy that's like that's immediately
00:16:46.100 you know that's not the right thing it's supposed to be hard you're supposed to deal with adversity
00:16:52.160 that will make you better steel sharpen steel and through that journey is how you actually
00:16:58.360 become successful
00:17:00.000 what's the number one trait in successful people that that you've observed through the years
00:17:07.040 number one trait
00:17:10.280 man that's a great question number one character trait the number one like if i had to like there's
00:17:21.300 a lot of stuff you know determined grit resilient but i would say is they have the the ability
00:17:32.400 to drive like and and it's not like some people can have spurts of it successful people are driven
00:17:42.280 they're driving they're they're in the driver's seat of their dreams they're that the people on
00:17:50.720 their team feel the energy of forward motion and even if they have a flat tire they fix the tire
00:17:58.520 and they're back to being driven successful people literally feel different when you talk to them
00:18:04.780 they're they're not looking at their feet they're looking at the the skyline like there's a
00:18:10.240 different energy of even their language their focus what they work on but the word that always
00:18:16.720 comes to mind if i think of like my mentors my coaches the people i work with my friends that
00:18:21.440 are incredibly successful driven individuals it doesn't matter are they outgoing introverted
00:18:27.780 you know creatives engineers left brain right brain doesn't matter what's true amongst all
00:18:33.380 them is they are driven you can feel that energy to forward motion and creation
00:18:39.740 what makes someone successful in your opinion
00:18:48.720 financially successful
00:19:01.980 see this is the thing is words matter and meaning matters right so like for me success is not
00:19:09.220 wealth success you know if you do things primarily for money or every decision you make is based on
00:19:16.840 money then i don't actually think that's success i think success is this concept i got from my coach
00:19:26.120 which is blissfully dissatisfied i think success is waking up every day and being so ridiculously
00:19:32.280 grateful i think success is waking up every day and being so ridiculously grateful that it could
00:19:38.420 bring you to tears and in the same breath realize that you were here to create more not out of a
00:19:45.560 place of lack not out of a place of recognition not to fill a void that's inside not the not to
00:19:53.200 create because you don't feel enough know you're enough feel that realize how big of a blessing
00:20:00.640 everything in your life currently is no matter how good or bad it is just absolutely feel the
00:20:05.540 gratitude for the presence and knowing that same breath that you're here to do more with your life
00:20:12.160 that to me is success and it's not a number in a bank account
00:20:16.140 how can i find my purpose
00:20:22.560 i think every person's purpose sits right next to the worst thing that ever happened to them
00:20:35.540 and here's why i usually ask people at like what level of income is it 100 grand 500 grand a
00:20:43.340 million dollars 10 million dollars 100 million dollars a year what level of income personally
00:20:46.940 to you do you stop thinking about accumulation and things you could buy and start thinking about
00:20:53.760 giving to other people and that's a fascinating question because some people it's like 100 000
00:20:58.720 they're thinking i'll give 50 away i can live off 50 some people it's it's north of 10 million so
00:21:03.840 there's a big range. But what usually follows that is if you had that surplus, what cause
00:21:11.100 would you want to invest that into? What pain or challenge do you see people face that you would
00:21:17.660 love to help them overcome or make easier for them? And it's usually aligned with the worst
00:21:24.220 thing that's ever happened to them. Growing up in poverty, growing up without a father,
00:21:30.500 growing up and being abused in some way,
00:21:33.660 experiencing medical illness or whatever it is,
00:21:37.780 just some kind of pain you've ever experienced.
00:21:39.980 Maybe it was a loved one.
00:21:41.660 And usually right next to that pain is your purpose.
00:21:47.560 And when you can pair your vision
00:21:51.360 for what you're here to do, the purpose in your life,
00:21:53.820 if you can figure that out
00:21:55.580 and then you pair that up with a way
00:21:57.720 to create a business that supports that it's aligned with that where the business and the
00:22:05.240 purpose are the same thing or directionally serve the same thing that is a winning recipe
00:22:11.200 so i just can't see a world where somebody wakes up and says hey by helping people
00:22:17.460 i get to collect resources aka make money and then take that and support a cause an organization or
00:22:26.540 people that you feel absolutely compelled to serve based on what you experience in your life
00:22:31.820 that's super unique to you i think if every person woke up with that drive and desire that would
00:22:36.940 change the world it literally would we don't need billionaires to fix problems we need people to go
00:22:42.220 create millionaires and then solve the problems around them in their community
00:22:49.580 is making a lot of money a bad thing no be everybody should want to be rich every person
00:22:56.460 should have a desire to create resources to do more i have a problem when people say that they
00:23:01.780 really care about helping people and they think that playing small is helping anybody because if
00:23:07.700 you see other people be rich or have more money than you and you think that they're not using it
00:23:12.640 right great go become a millionaire go go grab that resource go create a better mousetrap go
00:23:19.880 build a business go become more to go be rich and then do what you want with the money you know
00:23:26.320 when people say, well, it's not about the money. Well, I say, well, go become a millionaire and
00:23:29.480 then decide what you want to do with it. But don't tell me it's not about the money because
00:23:33.060 the money is a reflection of the value created in the world. So I think every person should have a
00:23:37.340 desire to be rich, go get as much money as you possibly can. And then as you're doing it,
00:23:44.080 choose what you do with it. And I think that is just a beautiful way to wake up every day.
00:23:49.920 It's not about, you know, saying, well, rich is bad. There's nothing wrong with creating resources.
00:23:56.320 like every day the more options you have the the bigger the opportunity to live a fulfilled life
00:24:02.620 so if you want to donate to a charity do you want to donate a little or a lot i want to donate a
00:24:07.700 lot cool go get rich if you want to help a cause you want to help a little bit or you help a lot
00:24:11.660 i want to help a lot great go get rich you know you got this person you want to bless you want
00:24:15.700 to bless them a little bit you want to bless them a lot great go get rich there's nothing wrong with
00:24:21.020 being rich. The desire for why I think is a problem. What you do once you collect it is a
00:24:27.020 problem. The way you think about yourself or make decisions, once you have money, it could be a
00:24:32.400 problem. But money is a tool no different than a fork is a tool. It can be used to nourish your
00:24:37.740 body or it can be used to take somebody's life. It's the same thing. You decide what you do with
00:24:42.820 that resource, but every person should have a desire to be rich because what you're saying is
00:24:45.800 i deserve i'm worth it i can create value in this world i i i i'm capable of growing my skills
00:24:58.380 growing my beliefs growing my character traits to become the person that i was created to become
00:25:04.480 your 10.0 version your best version if you took all the best moments in your life where you
00:25:10.240 stepped up powerfully and you're creative and you're resourceful and you're kind and you're
00:25:13.420 gracious all those things if you took the best moments of your life put them all together
00:25:16.740 if you actually live like that all 18 hours you're awake or whatever amount of time you're awake
00:25:21.480 can you imagine that person that's that's that's it so when i say rich i just say best version of
00:25:28.540 yourself you should want that what do you think about legacy
00:25:39.300 here's the deal i think purpose is required you can't have perseverance without purpose
00:25:49.540 because if you did some people call that grit i call it a grind if you want to see somebody's soul
00:25:55.320 just get deteriorated have them work on something and not know why and i think that's what happens
00:26:01.220 with a lot of people they they feel fatigued they feel like burnt out and it's like i've never been
00:26:05.980 burnt out doing something i love for a purpose that's way bigger than me what was the question
00:26:11.580 again so the challenge is is that i believe that focusing on other people is a good thing i think
00:26:20.520 using language around legacy can sometimes be another part of the ego playing tricks on you
00:26:27.160 to do things for long term so you don't enjoy the short term so a lot of people make sacrifices for
00:26:33.320 legacy for their family for multi-generational wealth whatever it is they sacrifice in the short
00:26:38.420 term and i find that as a cop-out instead of just saying hey can i be present now can the best thing
00:26:45.720 that i leave the world is me now in this moment for the rest of my life not a sacrifice for this
00:26:53.380 generation that you'll never meet that in three generations will never know your name you cannot
00:26:58.460 tell me your great great grandparents names maybe 0.1 percent of you guys but very few people know
00:27:05.340 their lineage nor does it matter what matters is how did you show up today who did you impact today
00:27:11.580 what kind of conversations you have today what kind of energy did you bring to every interaction
00:27:14.740 with every person you had today that that's legacy but it's not legacy the way most people
00:27:22.780 think about it it's a decision to leave the world a better place i think the best thing you could
00:27:27.900 ever leave the world is your if you have kids is your kids like that's my my gift is not a
00:27:34.040 financial bucket of money my gift is going to be my children it's going to be the relationships the
00:27:39.700 people that came into my life it's the the teams that i've built i think legacy is just used as a
00:27:47.220 cop-out for sacrificing today and not living today i want to encourage people to just like
00:27:56.660 show up fully present in the moment for now try to get it done in this lifetime afterwards it's
00:28:04.280 going to get redistributed to everybody the idea of ownership is hilarious nothing you have you own
00:28:10.120 you think you do it's gone your home not yours you think you own the land you don't
00:28:15.980 think you have that money in that bank account you don't none of it you it's all borrowed it's
00:28:22.140 It's kind of like you're a custodian of it
00:28:24.580 for a short period of time
00:28:26.120 and it all goes back to the economy once you're done.
00:28:29.740 So you might as well just say,
00:28:30.800 how can I use this to be the most present
00:28:33.240 and supportive and giving person now,
00:28:37.200 not worrying about 300 years from now?
00:28:39.820 It turns out though, if you do that,
00:28:41.720 you'll probably leave on a mark.
00:28:43.880 It turns out if you do that,
00:28:45.320 you'll probably leave a mark on the world
00:28:47.080 that will last 300, 500, 1,000 years.
00:28:50.180 That's the funny part.
00:28:50.980 if you actually live that way i think it has the best chance of you living that long the whole idea
00:28:56.580 of like donating money to a hospital to put your name on a new section of the building which in 20
00:29:02.020 years will literally sell your naming rights to the next person's highest bidder that's not legacy
00:29:07.140 legacy is how you show up today you had a tweet go viral um a couple days ago normalize leaving
00:29:17.060 people in whatever reality they have chosen um can you expand on that yeah the tweet that went
00:29:24.500 viral i wrote normalize leaving people in the reality that they've chosen and the reason why is
00:29:33.300 if you come to the understanding that every person is choosing their reality okay they're choosing
00:29:41.300 the world as they want to see it because the world isn't as it is the world is as you are
00:29:46.420 So whatever world that they see, the limitation, the lack, the frustration, the challenges,
00:29:51.540 it's their world.
00:29:54.800 I can't save any person.
00:29:57.060 I can't convince other people to change their beliefs on the world.
00:30:02.500 I can offer them perspectives and what I call POVs, points of views, that might influence
00:30:07.100 them to make a decision to change that, but it's up to them.
00:30:11.460 So I've just gotten to a place where I'm 100% comfortable and okay with somebody not
00:30:15.900 seeing things the way I want to see it or doing things in a way I wouldn't agree with not being
00:30:20.080 upset about it but just letting them go through their world be on their journey and it not affect
00:30:25.400 me because it truly is not my responsibility and I think when I say normalizing is like I would
00:30:31.040 just hope everybody gets to understanding that sooner than later so that they can actually live
00:30:36.340 a life that's way more peaceful because once you realize there's nobody else to fix and it's really
00:30:42.880 just you that i can control that i have agency over and i can move through the world with that
00:30:49.040 understanding i'll just let everybody else kind of figure out their stuff at their own timeline
00:30:52.280 is imposter syndrome a good or bad thing i think imposter syndrome is cool because imposter
00:31:03.480 syndrome tells you where you're at your upper limits of your comfort like my favorite thing
00:31:08.060 is to get in a room where i know that if anybody figured out that i was in it they'd probably kick
00:31:12.340 me out of it okay at the same time the nerves means i care so the fact that you have imposter
00:31:19.420 syndrome is actually a beautiful thing because it tells you that you're honoring the opportunity
00:31:23.500 you've been given the challenge is when you act out of that feeling and you don't take action to
00:31:30.580 be in that room you convince yourself to not go you you know let somebody else take the spot
00:31:38.260 you know whatever it is like you just don't want to not step into it but imposter syndrome
00:31:43.200 is part of the process anytime that you're trying to do something for the first time
00:31:48.420 it's going to require you to show up in a way that from the outside seems confident but you
00:31:54.960 know inside it's kind of like the duck on the top of the water it's just moving around the water
00:31:58.980 really calm and collected and underneath it's got his two feet just moving you know frantically
00:32:02.860 that's like your internal emotions i remember one time i got invited to an event and i had to go for
00:32:09.140 a walk because i was so nervous because every person i looked up to is in that room like all
00:32:15.380 the people people i follow on the internet they were in the room i went to the gym in the morning
00:32:19.500 13 people that i absolutely adore from instagram were working out in that room and i'm sitting
00:32:25.980 there going holy moly i hope they like who i am i mean i was legit scared i called my dad i said
00:32:31.900 hey dad I'm like way in over my head my dad's like are you serious like do you remember where
00:32:38.520 you came from did you forget what you've accomplished and I was like yeah but these
00:32:43.700 people are way more accomplished he goes Dan they'd be lucky to have a conversation with you
00:32:50.520 like I know you and it blows my mind what you've done what you're doing where you've come from I
00:32:55.200 don't even understand it and I don't know anybody that's ever done that I would love to have a
00:32:59.940 conversation with them. And I think that's a big idea for people to consider is that
00:33:04.400 inspiration doesn't come from the size of the thing you've accomplished. It comes from the
00:33:09.000 place you started and how much you people believe that that was hard for you. And in many ways,
00:33:16.100 imposter syndrome is just acknowledgement that, Hey, this is really tough, but I, I showed up
00:33:20.400 anyway, in spite of my fear of being discovered, not liked, rejected, kicked out my fear. I showed
00:33:28.860 up i could have stayed in my hotel room nobody would have known i didn't show up except for me
00:33:34.700 so i hope you have a dad like i have that every once in a while he knows the exact words to say
00:33:41.020 but i think imposter syndrome is just part of part of the the journey
00:33:50.700 how do wealthy people look at money two things wealthy people look at money
00:33:57.100 as a way to invest to get a return poor people look at money as a way to buy things and literally
00:34:03.580 that is the language you give two people poor person a million dollars wealthy person a million
00:34:07.740 dollars poor people get money and they start calculating the debt they could pay off the
00:34:13.580 the couch they could buy the new furniture they could buy the trips they can go on the new car
00:34:18.300 they could lease etc they essentially spent the million dollars before it's even finished the wire
00:34:23.100 transfer the wealthy person doesn't rush to do anything with the money and starts considering
00:34:28.780 based on their allocation in their portfolio where can i get the best return that makes the
00:34:33.100 most sense for the long term they don't think of acquiring more stuff they think about it working
00:34:38.860 for them poor people use money to consume wealthy people use money to create more money that is the
00:34:46.140 big difference between poor people and wealthy people how do wealthy people look at time
00:34:53.100 i think wealthy people look at time as a resource that they can't get back
00:34:59.020 and they're always looking for ways to spend money to save time not spend time to save money
00:35:07.360 and that's the big difference the end of the day money can be created and generated and based on
00:35:14.820 the creativity and resourceful that you can make more it doesn't matter what economic class you
00:35:21.280 come from rich poor middle class etc you cannot manufacture time so understanding how to spend
00:35:31.380 money to get time is the skill of wealthy people and that's the difference between poor people
00:35:37.880 and wealthy people poor people think well i'll just work harder and then i'll save money and
00:35:42.220 that's how i collect money no you have to become better to create more money so that's how you get
00:35:48.480 money wealthy people are always about how do i buy that time to then use the new time to go do things
00:35:54.400 that are going to make me more money so that i can start building a surplus what are your thoughts on
00:36:04.000 what are my thoughts on worthiness
00:36:09.680 i have a lot of thoughts
00:36:18.480 i don't know where to start it's kind of like worthiness has different
00:36:23.220 like kind of angles to it there's the part of like
00:36:28.040 am i worth another person's time right like i know i can add value to them but if i don't feel
00:36:37.080 like i can do that clearly i might not be worth their time so there's a worthiness of like do i
00:36:43.220 feel regardless of the situation that interacting with another person could be valuable to them
00:36:48.740 under the right circumstance that is one part of worthiness like just in conversations and
00:36:53.440 interactions the other part of worthiness is you know what do i deserve to have you know do i
00:36:59.820 deserve to be rich do i deserve to have a nice car do i deserve to be in a loving relationship
00:37:05.420 if you don't believe that you deserve you won't you won't receive it right because you'll never
00:37:13.140 fight for that outcome if you believe that you're an evil person you've done some bad things you
00:37:19.560 have a lot of shame then you'll never bring into your life the the the the results of being somebody
00:37:30.660 that deserves those things as many ways i've said this so many times you'll never get a penny more
00:37:35.820 than you think you deserve so even like the worthiness of like having money is on the byproduct
00:37:43.740 of believing that what you do is valuable and i think a lot of people discount what they do because
00:37:50.880 they think that everybody else knows how to do it they don't realize it took you four years to learn
00:37:55.580 that or you do it two times faster than anybody else that's closest to you that your result is
00:38:02.480 very abnormal because you know it so well you're so close to it you're just like oh everybody knows
00:38:07.280 this no they don't and if you can consistently get a result for somebody that's worth a lot
00:38:14.960 it's it's worth a fraction of whatever result you can get for them
00:38:20.800 that's what i think of worthiness there's like different dimensions to worthiness
00:38:24.960 worthiness isn't just one component it's a worthiness in a relationship worthiness in all
00:38:30.480 aspects of love and family and business and career. And then there's the worthiness of just
00:38:37.120 attracting wealth into your life. I have friends that can't receive gifts because they don't feel
00:38:44.780 worthy of those gifts because they feel like I have to earn those things. When they don't realize
00:38:50.380 that we don't earn those things, we attract those things by becoming valuable. And if somebody wants
00:38:55.140 to bless you you should learn to accept a compliment a gift it all comes down to worthiness
00:39:03.200 what's your definition of greatness
00:39:07.720 my definition of greatness is very simple are the people closest to you better for having you in
00:39:16.540 their life that's that's greatness do people your family your friends your peer groups your co-workers
00:39:24.380 would they say their lives got better the more time they spent with you the more interactions
00:39:32.860 they had with you the more time they got to work with you the more time they had conversations
00:39:36.440 with you do would they all say like man having that person around having you around made my life
00:39:43.040 better that is greatness a great person finds the greatness pulls out the greatness holds
00:39:48.380 expectations of other people's greatness to the highest potential and shows them through their
00:39:53.820 own actions that it's possible that's that's my definition of greatness great people bring
00:40:01.860 greatness into other people's lives what do you hope to teach your kids about life
00:40:06.920 i got a list of things i want to teach my kids about life but there's a handful of stuff first
00:40:14.780 off and they're they're pretty much all our core values one you don't deserve anything that you
00:40:21.000 didn't go and create no no country no family no situation will ever get you what you think you
00:40:29.500 deserve you don't deserve anything unless you've created an environment or you've created the
00:40:35.220 scenario where you've you've helped other people and you've you've collected a piece of that so
00:40:40.280 there's i think right off the bat it's like just because it's a certain time of day or a certain
00:40:44.720 day of the week, you don't deserve anything right off the bat. Number two, you are incredible. I do
00:40:51.340 this cool thing where I tell my kids about them. I tell them about their greatness. I tell them
00:40:54.860 about their giftedness. I tell them about the Jesus I see inside of them. I tell them about
00:40:58.800 their giftedness. Like you are really good at this. You are awesome at this. I'm a big fan of
00:41:04.460 teaching them that I'm teaching. I love teaching my kids to communicate with other people,
00:41:09.520 especially adults when you meet an adult walk up to them look them in the eye introduce yourself
00:41:15.820 say your name clearly with confidence ask them what their name is smile simple will change the
00:41:24.320 game for them in life i teach them about collaboration that if you want to go fast
00:41:30.320 sometimes you go alone but if you want to go far you got to go with people right and just showing
00:41:35.620 them how to collaborate with other people how to play nicely with other people how to partner how
00:41:40.860 to set agreements how to manage expectations how to repair arguments huge area i teach my kids
00:41:48.620 grit i always celebrate the progress not the outcome i whenever my kid accomplishes in something
00:41:58.480 i say tell me about how much effort you put into that how many times did you want to quit tell me
00:42:04.180 about those moments i'm really proud of what you created but i'm really impressed with the never
00:42:09.980 ending drive to get to that outcome because some kids stuff comes easy other ones it comes hard
00:42:14.800 what i've discovered is people that are willing to do hard for long periods of time typically do
00:42:19.180 really great in life um i teach them about compassion about caring about the things the
00:42:25.120 people they care about care about and if people in your life care about helping the community
00:42:32.260 helping other kids helping other families then caring about those things is is is empathy it's
00:42:39.900 compassion and i think you know i always tell them that like that person could be your brother could
00:42:45.560 be your dad could be me could be your cousin just because they're not they could be so if you had a
00:42:52.680 stranger come across your cousin how would you want them to treat that person if somebody you
00:42:58.080 My son Noah, one time we saw a person struggling and I said, what if that was Max, your brother?
00:43:03.860 What if your brother, you didn't know where he was and he was walking around in a city and a stranger went up to him?
00:43:10.180 How would you want that stranger to interact with them?
00:43:12.040 That's how you should interact with that person.
00:43:14.140 Assuming that that is some person's brother, son, father, you don't know.
00:43:20.520 What else do I teach him?
00:43:21.740 i teach them about physical fitness health is wealth that if you don't have the energy to keep
00:43:29.000 pushing when you get tired that that's a decision you can make that you have the capacity to turn
00:43:33.860 that around that what you put in your body affects your mind i mean i teach them a lot of stuff i
00:43:41.200 teach the adults i teach them the stuff that i know are going to be forced multipliers to have a
00:43:46.820 a fulfilling life i teach them to acquire knowledge to read that there's it's impossible
00:43:51.640 for you to know what you need to know already it will always be external and you have to bring it
00:43:56.080 internal everything that you want to achieve is going to be on the back end of learning something
00:44:01.380 new and bring it into your life those are the big things i teach my kids how can someone raise kids
00:44:08.860 to not be entitled i think the best way to raise kids and not be entitled is to not do things for
00:44:16.320 them right I'm not saying treat them bad abuse them all that stuff I people misunderstand me
00:44:21.400 all the time I'm saying let your kids learn how to do things let your kids learn how to tie their
00:44:26.820 shoes make their own lunches make clean their rooms do their laundry my kids do all of those
00:44:33.340 things ever since they were like six seven eight years old because I want them to understand that
00:44:38.580 these are things that if you want to have happen you got to make them happen for yourself the other
00:44:43.820 thing is, is I don't buy them everything they want. I get them what they need. I pay for food.
00:44:48.440 I pay for clothes. I pay for the needs. And then we split the wants. The wants are 50, 50. They
00:44:53.300 got to go make money by working, finding opportunities in the house, offering me up
00:44:57.820 different chores and projects. I don't put them on a salary or an allowance. They have to find
00:45:02.340 things to do and I'll pay them. And if they can come up with half the money, then they can get
00:45:06.660 what they want. But I only pay for the things they need. And I go 50, 50 on the wants. The final
00:45:11.280 thing I'll say on this is set the context for your, your kids. Like my kids know when they're
00:45:17.180 18, they have to leave the house. Now, whether I do that or not, doesn't matter. But the fact
00:45:23.100 that I've been telling them since they were little kids has gotten them prepared for leaving
00:45:27.440 the affluent environment that they are growing up in. Okay. Fly around on jets, live in a big
00:45:33.440 homes, flying around, driving around in supercars. That is not their reality. That's my reality.
00:45:38.960 That's their parents' reality, okay?
00:45:41.100 Say often, I'm rich, you're not.
00:45:43.400 These people don't work for you.
00:45:45.260 I'm here to love you.
00:45:46.560 I will do that.
00:45:47.560 I don't need to be your best friend.
00:45:48.820 I can care about you, but I will support you
00:45:52.760 in you creating and achieving value
00:45:54.660 in the world independently yourself.
00:45:58.040 That's how I avoid raising entitled children.
00:46:02.760 What's the best piece of parenting advice you ever heard?
00:46:05.700 The best piece of parenting advice I ever heard.
00:46:21.000 I think the best piece of parenting advice I ever heard was celebrate the progress, not the destination.
00:46:26.480 if a kid's climbing a mountain and they're struggling stop point down to the bottom
00:46:34.240 show them how small the parking lot was look how far you've come point to the mountaintop
00:46:38.720 celebrate the progress once they get to the top talk about moments they want to give up
00:46:44.980 celebrate those moments what's the secret to a successful relationship a successful relationship
00:46:53.620 i can only speak from my side of the table like a male's opinion um don't try to fix things
00:47:01.140 like unless you're being asked to fix something just listen but actually listen and want to
00:47:10.760 listen the cool part is you don't have to remember anything for the most part and you don't have to
00:47:15.440 fix anything so just listen intentively and care and have empathy that's like 80 of the challenge
00:47:22.660 how do you know if you found the one
00:47:33.500 yeah i don't know if i believe in the one
00:47:38.820 i believe in finding a partner that you feel confident that you want to invest your life with
00:47:49.740 and i think that there's probably a few people that that could have worked out with but at the
00:47:57.620 end of the day what matters is that you have a deep connection and appreciation for who they
00:48:04.380 are and their character and and you're committed to that investment like you want to co-create a
00:48:10.660 future with this person and trying to find the one is actually a kind of a crazy idea
00:48:15.200 and finding and investing because like there's no a relationship that starts off perfect and
00:48:21.520 stays perfect it's going to require work but what is going to be true is the desire to put
00:48:27.260 that effort into the relationship to make it work why do you do what you do
00:48:35.340 i do what i do for little dan i do what i do because i know there's kids out there
00:48:46.480 watching what i do making decisions about how they show up in life and if i can share my story
00:48:51.900 of where i came from where i'm at today and all the different challenges that i had and continue
00:48:58.460 to have that I bring hope to those kids. That's why I do what I do. The success is required to
00:49:06.420 get the attention of the people I really want to serve. Because I'll tell you, I don't know about
00:49:13.080 you. I didn't go to university, but if I did, I'm pretty sure I wouldn't just happen to come up on
00:49:20.780 my professor's Lamborghini in a parking lot. But when I look at my mentors and roll up to
00:49:28.440 their jet or their yacht, that inspires me. And I know when I show up to these kids to a rehab
00:49:37.140 center, to a crisis center, to a group home or whatever in a supercar, I get their attention
00:49:43.680 and I get to have a conversation with them. That's why I do what I do.